Tuesday, October 11, 2005

Inflation in Zim


...Inflation has retreated from a record high of 623 percent in January 2004 but remains among the highest in the world and could soon revisit that peak soon, analysts say.
Zimbabwe's economy has contracted by more than 30 percent in the last six years and the IMF predicts another 7 percent falling gross domestic product (GDP) this year -- outpacing the 4 percent GDP decline in 2004 and against Harare's own forecasts of 2 percent growth....

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